Summary For Doddabanahalli
Location Summary: Doddabanahalli
Doddabanahalli is a locality situated in the northern part of Bangalore. It is a fast-developing area that is witnessing rapid growth in the real estate sector. The location has become popular among homebuyers due to its proximity to major employment hubs and excellent connectivity.
Sales Transactions:
According to the data collected, there have been 911 sales transactions in Doddabanahalli. This indicates a high level of demand for properties in the area, which is a positive sign for real estate investors and developers.
Gross Sales Value:
The gross sales value of properties in Doddabanahalli is estimated to be around ₹ 449 crores. This indicates that the real estate market in the area is thriving, with significant investment opportunities for investors.
Current Rate/Sq.ft:
The current rate per square foot in Doddabanahalli is ₹ 5,496, which is relatively high compared to other localities in Bangalore. This indicates that the demand for properties in the area is high, and the real estate market is growing rapidly.
Price Movement:
The price movement in Doddabanahalli has seen a slight decrease of ₹ 158. While this may seem like a negative sign, it could also indicate a great opportunity for buyers to invest in properties in the area at a lower rate.
Overall, Doddabanahalli is a promising location for real estate investments due to its high demand, excellent connectivity, and proximity to major employment hubs. With the market growing rapidly, it presents a great opportunity for investors to capitalize on the potential of the area.
Top Selling Projects for Doddabanahalli
Bangalore's real estate market has witnessed a surge in demand for top-notch residential projects, and Doddabanahalli, in particular, has emerged as a popular location. The area boasts of excellent connectivity, social infrastructure, and proximity to major business hubs, making it an ideal choice for both investors and end-users.
If you are looking for the best residential projects in Doddabanahalli, look no further than the Top Selling Projects by Value. This list comprises some of the most sought-after projects in the area, known for their world-class amenities, modern design, and premium quality construction.
DSR Elixir is one of the top projects in Doddabanahalli, offering luxurious 2, 3, and 4 BHK apartments. The project is spread across a sprawling 2.5 acres of land and boasts of a host of amenities, including a swimming pool, clubhouse, gymnasium, and landscaped gardens. The current rate for the project stands at ₹ 5,477 per sq.ft., and the total sale value is estimated at ₹ 79 Cr.
Sumadhura Eden Garden is another top project in Doddabanahalli that has been gaining a lot of attention from homebuyers. The project offers spacious 2 and 3 BHK apartments with modern amenities like a state-of-the-art clubhouse, swimming pool, gymnasium, and landscaped gardens. The current rate for the project is ₹ 5,526 per sq.ft., and the total sale value is estimated at ₹ 42 Cr.
Both DSR Elixir and Sumadhura Eden Garden have been developed by reputed builders who have a track record of delivering high-quality projects on time. These projects offer a perfect blend of luxury, comfort, and convenience, making them an ideal choice for those looking for a premium living experience in Doddabanahalli.
In conclusion, if you are looking for the best residential projects in Doddabanahalli, be sure to check out the Top Selling Projects by Value. These projects offer unparalleled amenities, location advantages, and investment potential, making them a valuable addition to your real estate portfolio.
Price Trend For Doddabanahalli
Located in the outskirts of Bangalore, Doddabanahalli is a developing area with excellent connectivity to other parts of the city. With the rise of real estate projects in this locality, the area is witnessing a steady growth in the real estate market.
According to the data shared, the Average Rate/Sq.Ft in Doddabanahalli has seen a fluctuating trend in the past few quarters. In Q1'22, the average rate stood at 5639, which remained almost the same in Q2'22 with a slight increase of 2 points. However, in Q3'22, it witnessed a dip of almost 13% with the average rate standing at 4904. The trend continued in Q4'22 with a slight increase of 274 points. In Q1'23, the average rate reached 5487, which is a positive sign for the real estate market in Doddabanahalli.
On the other hand, the number of transactions in Doddabanahalli has been quite low. In Q1'22, the number of transactions recorded was 178, which saw a significant drop of 125 points in Q2'22. The trend continued in Q3'22 with only 36 transactions recorded. However, in Q4'22, the number of transactions recorded rose to 38, which is a positive sign for the real estate market. In Q1'23, the number of transactions recorded saw a massive increase of 415 transactions, which is an excellent indication of the growing real estate market in Doddabanahalli.
In conclusion, the real estate market in Doddabanahalli is witnessing a fluctuating trend in the average rate per square foot. However, with the growing number of transactions recorded in Q1'23, it is evident that the real estate market in Doddabanahalli is seeing a positive growth trend. With excellent connectivity and infrastructure development in the area, Doddabanahalli is an ideal location for real estate investment.
